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Welcome
McWEB
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Housing and Development Software - HDS, Inc. ©
2010 All Rights Reserved
Privacy Policy
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Administrator Guidelines, All Forms ,
DPA, Contacts
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| Total Program
Funds |
15
Million |
| Interest Rates |
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3.99% -
with
4% DPA - Limited to 2.1 million in First Mortgage Allocation
5.20% -
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| Origination
&
Discount |
0% / 0% |
| Eligible Areas |
Duval County |
| Allocations |
Available to all
lenders- Non Target & Targeted
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| Loan Commitments
Time Line |
Loan Processing, Delivery and Purchase Timetable:
New Construction cannot be reserved until 30 days before closing.
Reservation to Underwriter Certification = 30 days
Reservation to Closed & Delivered to Servicer = 50 days
Reservation to Exceptions Cleared, Loans Purchased = 80 days
Recorded Docs must be delivered to U S Bank - 120 days
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| Income Limits |
Family 1-2 $78,120
3+ $91,140 |
| Acquisition
Limits |
$250,000
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| Final Purchase
Date - |
06/01/2010 |
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Updated
03/07/11
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